Weisser Alberto 4
Research Summary
AI-generated summary
Linde (LIN) Director Alberto Weisser Receives RSU Payout
What Happened
- Director Alberto Weisser received a restricted stock unit (RSU) payout that vested on March 9, 2026. The award converted 1-for-1 into 473 Linde ordinary shares (derivative conversion/exercise). To cover tax withholding, 12.005 shares were surrendered (withheld) at $484.74 per share for $5,819. After withholding, Weisser received roughly 461 ordinary shares (net proceeds ≈ $223.5k; gross value ≈ $229.3k).
Key Details
- Transaction date: March 9, 2026 (Form 4 filed March 10, 2026 — timely).
- Relevant codes on the filing: A = award/grant (473 RSUs); M = conversion/exercise of derivative to ordinary shares; F = shares withheld for tax withholding (12.005 shares at $484.74 each).
- Tax withholding cash-equivalent reported: $5,819 (12.005 shares * $484.74).
- Conversion ratio: 1-for-1 conversion of RSUs to Linde plc ordinary shares (per filing).
- Shares owned after transaction: not specified in this filing.
- Footnotes: RSU was granted previously (March 7, 2025) and vested/payout occurred March 9, 2026.
Context
- This was a compensatory RSU vesting and a routine cashless tax-withholding; it is not an open-market buy or discretionary sale by the insider. The filing shows conversion of RSUs into shares and withholding of a small number of shares to satisfy tax obligations. Such payouts are common executive/director compensation events and do not by themselves indicate a change in insider sentiment.